DexTech Medical AB (FRA:LQ0) Cyclically Adjusted PB Ratio: 6.26 (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:LQ0 DexTech Medical AB FRA:LQ0
32 GF Score
Price €0.88
! 2 Warning Signs
View Full Analysis

What is DexTech Medical AB Cyclically Adjusted PB Ratio?

DexTech Medical AB FRA:LQ0 +0.92% 32 Cyclically Adjusted PB Ratio is 6.26 as of Aug. 09, 2026. GuruFocus rates FRA:LQ0 with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 693 Biotechnology companies, DexTech Medical AB ranks worse than 80.38% on this metric.

As of today (2026-08-09), DexTech Medical AB's current share price is €0.876. DexTech Medical AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.14. DexTech Medical AB's Cyclically Adjusted PB Ratio for today is 6.26.

The historical rank and industry rank for DexTech Medical AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:LQ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6
Current: 6

During the past years, DexTech Medical AB's highest Cyclically Adjusted PB Ratio was 6.00. The lowest was 0.00. And the median was 0.00.

FRA:LQ0's Cyclically Adjusted PB Ratio is ranked worse than
80.38% of 693 companies
in the Biotechnology industry
Industry Median: 1.62 vs FRA:LQ0: 6.00

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

DexTech Medical AB's adjusted book value per share data for the three months ended in Mar. 2026 was €0.101. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DexTech Medical AB  (FRA:LQ0) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DexTech Medical AB Cyclically Adjusted PB Ratio Related Terms


DexTech Medical AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DexTech Medical AB's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DexTech Medical AB Cyclically Adjusted PB Ratio Chart

DexTech Medical AB Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.39 2.25 4.26

DexTech Medical AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 4.26 5.27 5.39 6.00

FRA:LQ0 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, DexTech Medical AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DexTech Medical AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, DexTech Medical AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DexTech Medical AB's Cyclically Adjusted PB Ratio falls into.


FRA:LQ0
32GF Score
DexTech Medical AB FRA:LQ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DexTech Medical AB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

DexTech Medical AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.876/0.14
=6.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DexTech Medical AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, DexTech Medical AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.101/133.5600*133.5600
=0.101

Current CPI (Mar. 2026) = 133.5600.

DexTech Medical AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.162 101.019 0.214
201609 0.148 101.138 0.195
201612 0.235 102.022 0.308
201703 0.215 102.022 0.281
201706 0.195 102.752 0.253
201709 0.186 103.279 0.241
201712 0.164 103.793 0.211
201803 0.146 103.962 0.188
201806 0.128 104.875 0.163
201809 0.114 105.679 0.144
201812 0.101 105.912 0.127
201903 0.087 105.886 0.110
201906 0.130 106.742 0.163
201909 0.115 107.214 0.143
201912 0.106 107.766 0.131
202003 0.091 106.563 0.114
202006 0.082 107.498 0.102
202009 0.073 107.635 0.091
202012 0.065 108.296 0.080
202103 0.055 108.360 0.068
202106 0.046 108.928 0.056
202109 0.039 110.338 0.047
202112 0.275 112.486 0.327
202203 0.210 114.825 0.244
202206 0.198 118.384 0.223
202209 0.191 122.296 0.209
202212 0.182 126.365 0.192
202303 0.171 127.042 0.180
202306 0.159 129.407 0.164
202309 0.153 130.224 0.157
202312 0.156 131.912 0.158
202403 0.148 132.205 0.150
202406 0.142 132.716 0.143
202409 0.136 132.304 0.137
202412 0.129 132.987 0.130
202503 0.130 132.825 0.131
202506 0.122 133.699 0.122
202509 0.122 133.480 0.122
202512 0.109 133.390 0.109
202603 0.101 133.560 0.101

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 6.26 mean?
DexTech Medical AB (FRA:LQ0) has a Cyclically Adjusted PB Ratio of 6.26 as of Aug. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DexTech Medical AB and its competitors. According to the industry distribution chart, DexTech Medical AB ranks #557 out of 693 companies in the Biotechnology industry, placing it in the top 80.4%.
Is DexTech Medical AB's Cyclically Adjusted PB Ratio too high?
DexTech Medical AB's current Cyclically Adjusted PB Ratio is 6.26. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. DexTech Medical AB's value of 6.26 is 286.4% above this industry median. Based on the distribution chart, DexTech Medical AB ranks #557 out of 693 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, DexTech Medical AB has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does DexTech Medical AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, DexTech Medical AB ranks #557 out of 693 companies for Cyclically Adjusted PB Ratio. This places DexTech Medical AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. DexTech Medical AB's value of 6.26 is 286.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DexTech Medical AB's current Cyclically Adjusted PB Ratio of 6.26 is 286.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DexTech Medical AB and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexTech Medical AB's current Cyclically Adjusted PB Ratio is 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DexTech Medical AB stock overvalued right now?
DexTech Medical AB (FRA:LQ0) has a current Cyclically Adjusted PB Ratio of 6.26. The current Cyclically Adjusted PB Ratio is 6.26 and 286.4% above the Biotechnology industry median of 1.62. DexTech Medical AB's overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For DexTech Medical AB (FRA:LQ0), the current Cyclically Adjusted PB Ratio is 6.26 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DexTech Medical AB Business Description

Other Exchanges DEX:Sweden
Address Dag Hammarskjolds Vag 34A, Uppsala, SWE, 752 37
DexTech Medical AB is a Swedish research company specializing in drug development for urological oncology, with a prominent focus on prostate cancer. The company develops drug candidates using a proprietary carbohydrate platform, advancing treatments aimed at castration-resistant prostate cancer and related conditions. Its operations center on research, development, and licensing of these drug candidates. It has four drug candidates: OsteoDex, SomaDex, PSMA-binding conjugates, and GuaDex.
32GF Score

Get the complete analysis for FRA:LQ0

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.88
Price